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Honestbee to stop food delivery in Singapore, suspend laundry service; move hits 400 delivery persons

STRUGGLING food delivery startup honestbee is halting its food delivery business in Singapore and suspending its laundry service with effect from May 20, affecting some 400 freelance delivery persons. The headcount of honestbee employees in Singapore will not be affected. In a media statement on Wednesday, honestbee said that the decision was “to optimise the […]

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Indonesia: Jokowi signs regulation on trading in border areas

President Joko “Jokowi” Widodo has signed Government Regulation No. 34/2019 on trading in border areas to regulate trade between Indonesians and foreigners who live along shared borders. “Trade in border areas […] is allowed in land and sea border areas,” Article 2 of the regulation states. The regulation stipulates that only Indonesians who live in […]

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Philippines: Vehicle sales flat in April

MANILA, Philippines — The anticipated recovery of the local automotive industry this year remains elusive as sales growth went flat in April, bringing the four-month total still behind last year’s figures. In a joint report released by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association Inc. (TMA) yesterday, the […]

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Cambodia – Belt and Road: the good and bad

While the Chinese government describes its One Belt One Road, also known as Belt and Road Initiative, as an attempt to improve regional connectivity for a brighter future, some observers see it as a drive for the Red Giant’s dominance with a China-centred trading network in global affairs. Cambodia, meanwhile, has expressed strong support for […]

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